Quick...take a good look at 80 cents. You may never see it again through your AJX glasses. On Monday 19 October 2015 at 3.28pm in post 16205955 I made forecast that the "start of next significant SP rise is still a month away, should be Tuesday 17 November 2015." This was of course just before the trading halt for DoD announcement and the 4c.
Got a bit worried about broader world issues etc but I am quietly confident that I've got it right within a day or two and I doubt that we will see 80 cents ever again.
Now, having said that, if I'm right, Woo Hoo to me and us because we're back on our happy journey to a massive SP in the longer term. And, if I'm wrong, well there's no Woo Hoo to me, but we will still be on our happy journey to a massive SP in the longer term.
What happens to the SP on a minute by minute, hourly, daily or monthly basis doesn't really matter that much. It took nearly 46 weeks for the SP to rise 600% from 19 cents on 6/11/2014 to its high of $1.17 on 22/09/2015.
There's nothing absurd about a 600% rise in the next 46 weeks....it's been done before. That would see a SP of $4.80. And that sounds quite reasonable to me, and from what we've seen of AJX more than possible.
I think my best advice would be, watch the gyrations of the market, but then take a deep breath, get your calculator out and work out your profit on a $4.80+ SP on 31 September 2016. Don't sweat the short term prices.
I just luv AJX.
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Quick...take a good look at 80 cents. You may never see it again...
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